LAGOS (Sundiata Post) – The Tin Can Island command of the Nigeria Customs Service has generated over N130 billion in seven months.
According to a statement by the Public Relations Officer of the Command, Uche Ejiesieme, the Customs Area Controller (CAC) of the Command, Compt. Yusuf Bashar disclosed the generation in a chat with stakeholders in his office.
The CAC stated that the statutory function of the command remain Revenue generation and facilitation of legitimate trade, as he stressed that deliberate and concerted efforts were being made in terms of strict adherence with the rules and standards of operation.
He pointed out that the operations, processes and procedures of customs are fully automated and computerised to guarantee trade facilitation.
He, however, reiterated that trade facilitation could only work when the importers and their agents are transparent in their declarations to Customs.
Meanwhile, the Controller had reacted to the current increase in the exchange rate for calculating import duty in the Maritime sector.
He pointed out that the Nigeria Customs Service as an agency of the Federal Government is charged with the implementation of Federal Government’s fiscal policies in terms of trade.
“It is instructive to note that the Nigeria Customs Service by its statutory role, does not determine exchange rate, but only rely on the CBN to update us with the information in accordance with its establishing act”.
It is therefore pertinent to note that the current situation is beyond the Customs.
The Controller added that the Command’s operational methodology is in sync with the change ideology of the Comptroller General of Customs, Col. Hameed Ibrahim Ali (Rtd), which encompasses discipline, integrity, transparency and due diligence.
He stated further that there is a paradigm shift in the operational system of the command geared towards strengthening the drive in ensuring that time of cargo delivery is reduced to the barest minimum.